2204 Orange Grove Avenue , Alhambra, CA 91803
Alhambra, CA 91803
Description
Outstanding opportunity to purchase this triplex at 2204 Orange Grove Ave, Alhambra. The Orange Grove Triplex is in southwest Alhambra close by Fremont Ave, bordering the city of Monterey Park. This rare 1980-built triplex is in a quietand scenic residential neighborhood comprised of mostly single-family homes, great for an owner user or investor. The location provides easy access to the 10 freeway, within minutes' drive to Cal State LA, downtown LA, and the surrounding West San Gabriel Valley cities. Furthermore, the investor may be able to add (3) additional ADUs, which may allow the buyer/investor to add tremendous value by improving this property to a 6 units multifamily property and potentially achieve a higher proforma cap rate. Buyer to consult with his/her own architect/general contractor and verify with the City of Alhambra.The property has a great unit mix of (1) 3 Bed / 2 Bath downstairs, and (2) 2 Bed / 1 Bath upstairs. In the back of the building accessible from the alley way Each unit has 1 or 2 garage parking, with additional parking spaces on the large driveway in the rear. The onsite laundry room generates additional income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with easy access to the 10, 60, and 710 freeways, with minutes' drive to Cal State LA and Downtown LA. The property is near 99 Ranch Market, Ralphs, The Alhambra shopping center, Fremont Elementary School, Alhambra High School (8 out of 10), and Granada Park.
Details
| Mls | P1-19362 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 70 |
| Listing Provided By | Keller Williams Realty (626) 204-3300 | Tzu-ning Chang |
Features
| Sq Feet | 3,074 |
|---|---|
| Garage | 4 |
| Storys | 2 |
| Units | 3 |
| Buildings | 1 |
| Acreage | 0.17 |
| Property View | None |
Market Activity 91803
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Alhambra |
| Zip Code | 91803 |
| Area | 601 Alhambra |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $1,590,000 low | high Med: $7,225 SqFt: 3,074 low | high Med: 2,077 $ / SqFt: $517 low | high Med: $4 On Site: 70 low | high Med: 47.500000 | |
